bgoldsmith
Level 2
03-28-2022
08:02 AM
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My client is a US resident (originally CA) but spouse is still employed by a Canadian employer. The Canadian employer pays the spouse in CAD and issued her a T-4. How and where do you report the T4 on the US 1040 form.
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sjrcpa
Level 15
03-28-2022
09:31 AM
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You translate it to US dollars and report as wages. There should be a box to check for foreign employer Lacerte, which I use, has one). If it is subject to Canadian income tax, use Form 1116 to get foreign tax credit.
Ex-AllStar
bgoldsmith
Level 2
03-28-2022
09:54 AM
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Thank you but does anyone know how to record the T4 in proseries professional not Lacerte.
sjrcpa
Level 15
03-28-2022
10:54 AM
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Ignore the T4 except to use for getting the numbers. Report the US dollar amount as wages. There is no place to input a T4, a Canadian form, in any US tax software.
Ex-AllStar
